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05 What is Trend? - FXTM Technical Analysis Basics

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. ForexTime Ltd (www.forextime.com/eu) does not provide services to retail clients. What exactly is Trend? Have you heard phrases like ‘follow the trend?’, or even ‘the trend is your friend’? Watch the next Trading Basics video from FXTM to find out exactly what this means. FXTM’s Head of Education Andreas Thalassinos introduces you to the three most important types of trends (uptrends, downtrends and sideways) and explains how to spot these market patterns on your charts. Be sure to subscribe to our Short Forex Trading Videos if you haven’t already! You don’t want to miss any of these insights.

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